ZIP 49418 - 860Z200US49418 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 49418, located in the Grandville area of Michigan, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help you make informed decisions. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights provide a foundation for understanding the local landscape.

Population & Households

ZIP 49418 is home to a population of 30,907 residents as of 2023. This sizable community is distributed across 12,258 households, indicating a mix of family and individual living arrangements. The total number of housing units stands at 12,801, suggesting a small surplus of available homes or rentals compared to occupied households. This balance could point to opportunities for buyers or renters looking for options in a stable residential area.

Income & Housing Costs

The median household income in ZIP 49418 is $83,485, reflecting a solid economic base for many residents. This income level supports a comfortable lifestyle in the region, especially when paired with housing costs. The median house value is $296,300, which positions the area as a moderately priced market for potential homebuyers or investors seeking value in a growing community. For renters, the median rent is $1,218 per month, offering a more accessible entry point for those not ready to buy. These figures suggest a balanced market where both owning and renting are viable options depending on your financial goals.

Race & Ethnicity

The demographic makeup of ZIP 49418 shows a predominantly white population at 79.39%, with smaller but significant representation from other groups. Black residents account for 4.83%, Asian residents make up 3.52%, and Hispanic or Latino individuals comprise 7.15% of the population. This diversity, while not as pronounced as in urban centers, adds a layer of cultural variety to the community, which can be a draw for families, businesses, and investors looking for an inclusive environment.

Key Facts

• Total population: 30,907 residents in 2023.
• Total households: 12,258, indicating a strong residential base.
• Total housing units: 12,801, with slight availability over occupied homes.
• Median household income: $83,485, supporting a stable local economy.
• Median house value: $296,300, a reasonable entry point for buyers.
• Median rent: $1,218, offering affordable rental options.
• Racial composition: 79.39% white, 7.15% Hispanic, 4.83% Black, 3.52% Asian.

What This Means for You

For homebuyers, ZIP 49418 presents a promising market with a median house value of $296,300, which is accessible compared to many metro areas. The slight surplus of housing units (12,801 vs. 12,258 households) could mean less competition for available properties, giving you room to negotiate. The median income of $83,485 also suggests neighbors with financial stability, often correlating with well-maintained communities.

For real estate investors and agents, the combination of moderate home values and a growing population of over 30,000 signals potential for appreciation or rental demand. The median rent of $1,218 is attractive for tenants, ensuring a steady pool of renters if you’re considering investment properties.

For small-business owners, the diverse yet predominantly white demographic, coupled with a solid median income, indicates a customer base with disposable income for goods and services. The population size supports local commerce, whether you’re opening a retail shop, restaurant, or service-based business.

For analysts, these metrics provide a baseline for deeper research into economic trends, housing turnover, or community needs in ZIP 49418. The data reflects a stable, moderately diverse area with room for growth.

Run This Study Yourself

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